Tomball - Magnolia Edition | March 2022

REAL ESTATE

Commercial real estate trends

COMPILED BY COMMUNITY IMPACT NEWSPAPER STAFF

77354

OFFICE

1488

1774

77355

OCCUPANCY VS. VACANCY

RENTAL RATES PER SQUARE FOOT $23 $22 $21 $20 $19 18 $0

UNDER CONSTRUCTION

77362

Occupancy rate

Vacancy rate

17,351 square feet

249

$20.44ASOFMARCH14

77447

77375

13.4%

86.6%

10%

90%

77377

99 TOLL

2 buildings

Q1 2021

As of March 14

290

N

2018 2019 2020 2021

2022

MARCH 2022 COMMERCIAL REAL ESTATE DATA From the fourth quarter of 2021 to the rst quarter of 2022 as of March 14, the rental rate per square foot for retail space jumped more than $1 from $22.29 to $23.49, data shows.

INDUSTRIAL

TOTAL SQUARE FEET OF COMMERCIAL SPACE

RENTAL RATES PER SQUARE FOOT $13 $12 $11 $10

OCCUPANCY VS. VACANCY

UNDER CONSTRUCTION

Occupancy rate

Vacancy rate

820,888 square feet

Q1 2021

As of March 14

10.5%

89.5%

5.4%

94.6%

$9.70ASOFMARCH14

OFFICE

2.06million 2.14million

7 buildings

$9 $8 $0

Q1 2021

As of March 14

INDUSTRIAL

2018 2019 2020 2021

2022

4.99million 4.82million

RETAIL

RETAIL

8.93million 8.87million

RENTAL RATES PER SQUARE FOOT $25 $24 $23 $22 $21 $20 $0

OCCUPANCY VS. VACANCY

UNDER CONSTRUCTION

Occupancy rate

Vacancy rate

$23.49ASOFMARCH14

298,797 square feet

MARKET DATA PROVIDED BY CALDWELL COS. 9955 BARKER CYPRESS ROAD, STE. 250, CYPRESS, TX 77433 COLLEGE STATION  HOUSTON THE WOODLANDS

5%

95%

4.1%

95.9%

*AS OF MARCH 14

12 buildings

Q1 2021

As of March 14

Although every eort has been made to ensure the timeliness and accuracy of this real estate data, Community Impact Newspaper assumes no liability for errors or omissions.

2018 2019 2020 2021

2022

Multiple Sites For Sale 249 & Humble Road - Tomball

2.95 - 4.25 Acres Available | Prime For Commercial or Retail

ƒ Located outside the floodplain ƒ Utilities through City of Tomball ƒ Less 3 miles north of the Grand Parkway ƒ Adjacent land also available ƒ Contact Keith Edwards for additional information and pricing

13100 Wortham Center Drive, 3rd Floor Houston, TX 77065 713.690.0000 | CaldwellCos.com

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